DNA Funded Helix Trading Tournament Rules

Welcome to the DNA Funded Trading Tournament! Get ready to test your skills and compete for amazing prizes. Please read these rules carefully – they're here to ensure a fair and exciting competition for everyone.

Tournament Overview

• Entry Cost: FREE!
• Participant Limit: 10,000 – claim yours fast!
• Prize Pool: Over $650,000 in funded challenge accounts and cash prizes!

Prizes!

We're giving away a massive $650,000 in Challenge total value!

Challenge Accounts

• 1st Place: $200,000 1-Phase Challenge Account
• 2nd Place: $100,000 1-Phase Challenge Account
• 3rd Place: $100,000 1-Phase Challenge Account
• 4th–6th Place: $50,000 1-Phase Challenge Account (each)
• 7th–10th Place: $25,000 1-Phase Challenge Account (each)

Claiming Your Prize

If you're a winner, we'll notify you via email within 3 days of the end of the tournament. You'll need to complete a simple KYC (Know Your Customer) process to confirm your identity before receiving any cash prize. KYC is not required to receive a challenge account prize.

Winners must claim their prize within 14 days of notification. Prizes not claimed within this period will be forfeited.

1. Getting Started

• Eligibility: To join, you must be at least 18 years old. We may use KYC (Know Your Customer) checks for cash prize winners, so make sure your registration details are accurate.
• One Account Per Person: This is crucial for fair play. Each participant can only have one tournament account. Our systems will detect multiple entries, leading to disqualification. Please use your real name during registration – it's needed for prize collection.
• Registration: Simply sign up to secure your spot. Spaces are limited, so don't miss out!
• Starting Capital: Every participant begins with a simulated $100,000 USD challenge account.

2. Tournament Schedule & Platform

Pre-registration

• Registration will open on the 3st of July.

Trading Period

• Start Date: Tournaments will start on every second Tuesday of the month and run for two weeks, ending on the Tuesday two weeks afterward.
• Trading Platform: The tournament will be held on TradeLocker.

3. Trading Rules

• Eligible Instruments: You can trade all Forex pairs, Commodities, Indices, Cryptos, and Stocks available on the TradeLocker platform during the tournament.
• Minimum Trading Days: You must trade on at least 5 days to qualify for prizes.
• Leverage Limits:
  • Forex: 1:50
  • Commodities: 1:10
  • Indices: 1:10
  • Crypto: 1:2
  • Stocks: 1:5
• Commissions:
  • Crypto: 0.01% of the trade volume (when opening a position).
  • US Stocks: $2 USD per lot (when opening and closing positions).
  • Non-US Stocks: 0.1% of the trade volume (when opening and closing positions).
  • Other instruments: $5 USD per lot.
• Swaps: All tournament accounts are swap-free (no overnight interest charges).
• Weekend & Holding Trades: Yes, you can hold trades over the weekend!
• Expert Advisors (EAs): Yes, EAs are allowed.
• Prohibited trading strategies: Refer to the existing Rules & Conditions available on the dnafunded.com website. This document provides comprehensive details regarding permissible and impermissible trading activities.

4. Drawdown & Disqualification

These rules are critical for staying in the game!

• Maximum Drawdown Limit: Your account equity (including open trades) cannot drop by more than 10% from your initial $100,000 starting balance at any point. This means your account equity cannot go below $90,000. If you hit this limit, you'll be out of the tournament.
• How Disqualification Works: If you hit a drawdown limit, your tournament account will be automatically closed, and you'll be out of the tournament.

5. Winning the Tournament

• Profit Target: There is no minimum profit target to qualify for prizes.
• Winner Determination: Winners are determined purely by having the highest equity balance in their simulated account at the very end of the tournament period.
• Minimum Trading Days: You must trade on at least 5 days to qualify.

6. Fair Play & Conduct

• Integrity is Key: We expect all participants to trade with integrity and respect.
• No Cheating: Any form of manipulation, abuse, or unethical behavior (including trying to game the system, using multiple accounts, or providing false details) will result in immediate disqualification and a potential ban from future tournaments.
• Dispute Resolution: If you have any disputes regarding the tournament results, please submit them within 24 hours after the tournament's end. The decision of DNA Funded will be final.

Questions?

If anything is unclear, or you have any questions, please reach out to our support team at [email protected] or visit our website at www.dnafunded.com/tournament/.

Good luck, and happy trading!